Comparison26 Oct 2025 09:56
Some lite Sunday morning reading and I've looked a little at Helix Resources last update where they state: "Helix is focused on production at its Rudyard Project in northern Montana, taking advantage of existing infrastructure and low-cost processing to target first gas in 2025. The Company has four production wells targeting up to 236ft Helium / Nitrogen gas in the Souris and Red River formations, flowing up to 3,800 Mcf/day at 1.2% helium."
Their current market cap is ~£55m and not in production.
Our market cap is comically low considering the quality of asset we have and how close we are to production.
Maybe I'm missing something that would account for the valuation gap?